Tesla Is Designing a Smaller, Lower-Cost SUV. The Move Could Signal a Major Strategy Shift. [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Key Takeaways Tesla has started designing a smaller, lower-cost SUV after discontinuing its Model X and S earlier this year, Reuters reported Thursday. The plans could mark a strategy shift for Tesla, which shelved earlier plans for a more affordable model to prioritize autonomous projects like the Cybercab robotaxi and Optimus humanoid robots. Tesla could be on its way to reviving plans for a more affordable vehicle. The electric vehicle maker is in the process of designing a new compact, lower-cost SUV model, distinct from the Tesla ( TSLA ) Model 3 or Y, Reuters reported Thursday. A number of options are being considered to bring down the vehicle's cost, from a smaller battery to a single motor or a smaller, lighter design, people familiar with the matter told Reuters . The new model could also be designed to be driverless-first, with an option for human driving, the report said, advancing Tesla's focus on autonomous vehicles. Tesla did not respond to an Investopedia r
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TSLA
Earnings
- 1/28/26 - Beat
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Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 8-K
- 4/1/26 - Form 4
- TSLA's page on the SEC website